Civic Intelligence

Green Mountain Academy for Life Long Learning Inc.

990 • Fiscal year 2014 • EIN 03-0372532

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

PO Box 129Dorset, VT 05251

(802) 867-0111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

61st percentile

9.0%

Faster asset growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

9.5%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$193,867

Up $16,022 (+9.0%) from 2013

Net Assets

Up

$192,978

Up $16,711 (+9.5%) from 2013

Liabilities

Down

$889

Down $689 (-44%) from 2013

Revenue

Up

$183,504

Up $15,984 (+9.5%) from 2013

Expenses

Down

$164,304

Down $3,014 (-1.8%) from 2013

Net Income

Up

$19,200

Up $18,998 (+9405%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $150,463Net Assets 2010: $150,4632010Assets 2011: $154,941Net Assets 2011: $154,9412011Assets 2012: $170,009Liabilities 2012: $265Net Assets 2012: $169,7442012Assets 2013: $177,845Liabilities 2013: $1,578Net Assets 2013: $176,2672013Assets 2014: $193,867Liabilities 2014: $889Net Assets 2014: $192,9782014Assets 2015: $189,926Liabilities 2015: $4,369Net Assets 2015: $185,5572015Assets 2016: $195,187Liabilities 2016: $1,026Net Assets 2016: $194,1612016Assets 2017: $213,907Liabilities 2017: $1,025Net Assets 2017: $212,8822017Assets 2018: $197,627Liabilities 2018: $402Net Assets 2018: $197,2252018Assets 2019: $231,240Liabilities 2019: $402Net Assets 2019: $230,8382019Assets 2020: $258,139Liabilities 2020: $20,027Net Assets 2020: $238,1122020Assets 2021: $311,679Liabilities 2021: $252Net Assets 2021: $311,4272021Assets 2022: $305,316Liabilities 2022: $0Net Assets 2022: $305,3162022Assets 2023: $305,780Liabilities 2023: $0Net Assets 2023: $305,7802023Assets 2024: $304,698Liabilities 2024: $30,809Net Assets 2024: $273,8892024

Highlighted filing

2014

Assets$193,867
Liabilities$889
Net Assets$192,978

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $134,241Expenses 2010: $125,159Net Income 2010: $9,0822010Revenue 2011: $137,794Expenses 2011: $133,315Net Income 2011: $4,4792011Revenue 2012: $153,507Expenses 2012: $147,152Net Income 2012: $6,3552012Revenue 2013: $167,520Expenses 2013: $167,318Net Income 2013: $2022013Revenue 2014: $183,504Expenses 2014: $164,304Net Income 2014: $19,2002014Revenue 2015: $183,390Expenses 2015: $187,295Net Income 2015: -$3,9052015Revenue 2016: $195,206Expenses 2016: $187,092Net Income 2016: $8,1142016Revenue 2017: $198,917Expenses 2017: $196,133Net Income 2017: $2,7842017Revenue 2018: $199,637Expenses 2018: $194,357Net Income 2018: $5,2802018Revenue 2019: $212,616Expenses 2019: $201,397Net Income 2019: $11,2192019Revenue 2020: $186,325Expenses 2020: $177,463Net Income 2020: $8,8622020Revenue 2021: $244,857Expenses 2021: $179,475Net Income 2021: $65,3822021Revenue 2022: $237,932Expenses 2022: $208,812Net Income 2022: $29,1202022Revenue 2023: $272,902Expenses 2023: $272,486Net Income 2023: $4162023Revenue 2024: $260,908Expenses 2024: $292,844Net Income 2024: -$31,9362024

Highlighted filing

2014

Revenue$183,504
Expenses$164,304
Net Income$19,200
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$223,263
Mission and Program Overview

Mission

Continuing educational services

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$84,364$71,218▼ $13,146
Cash and Non-Interest-Bearing Accounts$49,731$63,890▲ $14,159
Savings and Temporary Cash Investments$42,938$58,268▲ $15,330
Land, Buildings, and Equipment, Net$812$491▼ $321
Total Assets$177,845$193,867▲ $16,022
Liabilities
Deferred Revenue$1,195--
Accounts Payable and Accrued Expenses$119$625▲ $506
Other Liabilities$264$264→ $0
Total Liabilities$1,578$889▼ $689
Net Assets / Fund Balance
Unrestricted Net Assets$176,267$192,978▲ $16,711
Total Net Assets Fund Balance$176,267$192,978▲ $16,711
Total Liabilities and Net Assets / Fund Balance$177,845$193,867▲ $16,022

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$491$2,298$2,789
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$87,962
Program Service Revenue
$46,820
Investment Income
$4,741
Other Revenue
$43,981
All Other Contributions
$71,162
Change in Net Assets
$19,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,422
Salaries, Compensation, and Employee Benefits$70,882
Total Fundraising Expense$13,065
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$39,055$15,021$6,008$60,084
Office Expenses$29,925$779$1,404$32,108
Fees for Services Other$27,826--$27,826
Advertising$14,756--$14,756
Other Employee Benefits$6,086--$6,086
Occupancy$3,049$1,470$420$4,939
Payroll Taxes$3,063$1,178$471$4,712
Travel$1,858$364$145$2,367
Information Technology$647$249$100$996
Insurance$549$211$85$845
Fees for Services Accounting$503$194$78$775
Other Expenses$420$682$273$420
Depreciation Depletion$321--$321
All Other Expenses$170$65$26$261
Total Functional Expenses$131,026$20,213$13,065$164,304
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,375
Fundraising Direct Expenses$23,699
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Ball$59,175$42,375$23,699$18,676
Total Events$59,175$42,375$23,699$18,676
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$264
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Director and appropriate members of board reviewed return prior to filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Green Mountain Academy
EIN
03-0372532
Phone
8028670111
Address
PO BOX 129, DORSET, VT 05251

Signing Officer

Name
Gloria Palmer
Title
Executive Director
Phone
8028670111
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gloria Palmer
Legal Domicile
Vt
Voting Board Members
16
Independent Board Members
16
Employees
3

Preparer

Firm
Misasi & Misasi
Address
1148 ROUTE 30, DORSET, VT 05251
Preparer
Steven Misasi CPA
Phone
8023622101
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Instructors 24,385 0 0 0 0 0 advertising sales sales commissions 3,441 0 0

Form 990, Part XI, Line 9

Unrealized gain on investments 0 unrealized loss on investments 2,489

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IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2LICENSE, PERMITS & OTHER
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt04055
IRS990/OtherExpensesGrp/FundraisingAmt1273
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0682
IRS990/OtherExpensesGrp/ProgramServicesAmt01772
IRS990/OtherExpensesGrp/ProgramServicesAmt11026
IRS990/OtherExpensesGrp/ProgramServicesAmt2420
IRS990/OtherExpensesGrp/TotalAmt04055
IRS990/OtherExpensesGrp/TotalAmt12727
IRS990/OtherExpensesGrp/TotalAmt21026
IRS990/OtherExpensesGrp/TotalAmt3420
IRS990/OtherLiabilitiesGrp/BOYAmt0264
IRS990/OtherLiabilitiesGrp/EOYAmt0264
IRS990/OtherRevenueMiscGrp/BusinessCd0511140
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING SALES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025305
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt025305
IRS990/OtherRevenueTotalAmt025305
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06008
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039055
IRS990/OtherSalariesAndWagesGrp/TotalAmt060084
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0471
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01178
IRS990/PayrollTaxesGrp/ProgramServicesAmt03063
IRS990/PayrollTaxesGrp/TotalAmt04712
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GLORIA PALMER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt046820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt046820
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt091234
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05349
IRS990/PYOtherExpensesAmt0101824
IRS990/PYOtherRevenueAmt028125
IRS990/PYProgramServiceRevenueAmt042812
IRS990/PYRevenuesLessExpensesAmt0202
IRS990/PYSalariesCompEmpBnftPaidAmt065494
IRS990/PYTotalExpensesAmt0167318
IRS990/PYTotalRevenueAmt0167520
IRS990/ReconcilationRevenueExpnssAmt019200
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt042938
IRS990/SavingsAndTempCashInvstGrp/EOYAmt058268
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt013100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt016560
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt09294
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt013946
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt016512
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt069412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087962
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074564
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt064841
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt068900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0387501
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04261
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03580
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03405
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt047992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt064837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt077478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt079943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt044454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0314704
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt042375
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt030675
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt073050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04261
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03580
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03405
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019470
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82650
IRS990ScheduleA/PublicSupportPY509Pct00.85200
IRS990ScheduleA/PublicSupportTotal509Amt0656843
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt051600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt024560
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt011794
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt013946
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt016512
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0118412
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt038500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt08000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt02500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt049000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0178329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0186746
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0144784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0113354
IRS990ScheduleA/Total509Grp/TotalAmt0775255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0183158
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0191007
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0155437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0148364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0116759
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0794725
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0491

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.05$0.31$2.74$2.61$2.93$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.73$2.72$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$2.38$2.09$0.29
2021Detailed filing. Detailed filing data is available for this year.$3.12$0.00$3.11$2.45$1.79$0.65
2020Detailed filing. Detailed filing data is available for this year.$2.58$0.20$2.38$1.86$1.77$0.09
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$2.13$2.01$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.97$2.00$1.94$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.14$0.01$2.13$1.99$1.96$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.95$0.01$1.94$1.95$1.87$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.04$1.86$1.83$1.87$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.01$1.93$1.84$1.64$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.78$0.02$1.76$1.68$1.67$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$1.54$1.47$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$1.55$1.38$1.33$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.50$1.34$1.25$0.09